Starch Market Overview
The market overview of the Starch marketindustry focuses on the detailed dynamics of the market, including aspects such as industry rivalry. The report provides comprehensive market revenue forecasts at the global, regional, segment, and national levels.
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Starch Market Report Scope and Research Methodology
The research methodology employed in the report on the Starch market incorporates both primary and secondary research methods. Primary research involves data collection directly from the market via surveys, interviews, and observations. In contrast, secondary research entails gathering data from published sources, such as industry reports, company websites, and news articles.
The analysis provided in the report serves as a guide for stakeholders, investors, market players, and followers, as well as new entrants, by providing them with an overall view of the Starch market for formulating investment approaches and marketing tactics. The report utilizes a bottom-up approach to estimate the size of the Starch market, which involves aggregating data from individual segments to arrive at a total market size estimate.
Starch Market Regional Insights
The market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Additionally, the report identifies the top countries in each region and provides market forecasts for each one.
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Starch Market Segmentation
By Type, Modified starch is the dominating segment in the global starch market and is expected to grow 18.1 billion by 2029. Demand for modified starch in the market has increased due to the growing use of modified starch in food and beverage, and industrial usage globally. Modified starch has increased its stability in excessive heat, acid, shear, and cooling time due to genetic modification. Native starch is derived from organic sources like corn, wheat, potato, and rice which is generally used to produce feedstock.
By Source, Corn is the dominating source in the global starch market segment with market size of US$ 18.81 billion in 2021 and expected to grow 34.15 billion by 2029 Corn starch is widely used in a variety of applications such as food and beverage, industrial application, and feedstock. Corn starch is also used in cosmetic and oral pharmaceuticals. Corn starch is a major ingredient used to thicken soup and desserts and starch powder to make food crispy and tasty. Wheat and potatoes extracted starch are used for binding and moisture retention and act as a glazing agent. Corn starch is anticipated to dominate the global starch market.
By Application, Food and Beverage show dominance in the global starch market with more than 60% of the market share. The F & B industry utilizes starch at a large scale in a variety of applications such as feedstock, Bakery products, soups and snacks, chips, and preservative applications in food items. Starch is also used as a food thickener in soups and bakery items. Wide use in the food and beverage industry made it the dominant in the application segment. The pharmaceutical industry has wide adoption of starch in capsule and tablet disintegrant, diluent. Starch is used extensively in the paper industry as well as animal feed. The food and beverage industry is likely to be dominating the global starch market in the coming years.
Starch Market Key Players
• Archer Daniels Midland Company (ADM)
• Cargill
• Ingredients
• Tate & Lyle
• Roquette Frères
• Avebe U.A
• Grain Processing Corporation
• Emsland
• AGRANA
• SMS Corporation
• Global Bio-Chem Technology Group
• SPAC Starch
• Qingdao CBH Company
• Terms
• KMC
• Beneo
• Angel Starch Food Pvt. Ltd.
• Shubham Starch Chem Pvt. Ltd.
• Everest Starch India Pvt. Ltd.
• Sheekharr Starch Pvt. Ltd.
• Sanstar Bio-Polymers Ltd.
• Universal Biopolymers
• Spanish Starch Technology Ltd.
• Venus Starch Suppliers
• Gromotech Agrochem Pvt. Ltd.
• MGP Ingredients, Inc.
• Thai Flour Industry Limited
• Manildra Group
• Gulshan Polyols Ltd
Key questions answered in the Starch Market are:
- What is Starch ?
- What are the factors driving the Starch Market growth?
- What are the factors are limiting the Starch Market growth?
- What was the Starch market size in 2021?
- Which trends are expected to generate additional revenue for the Starch market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Starch Market?
- What growth strategies are the players considering to increase their foothold in the Starch Market?
- Who held the largest market share in the Starch Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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